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by Erik Conley
Young investors (ages 25 – 44) are more confident than older investors Young investors have a higher regard for their investment acumen than their older counterparts, according to a Spectrem’s Millionaire Corner wealth ...
by Erik Conley
Be honest. Â Have you ever purchased a mutual fund based on a glowing report that you read in a glossy magazine? Â Or a respected publication like Morningstar or Barron’s? Â Did the mutual fund’s ...
by Erik Conley
When you first start to study a field, it seems like you have to memorize millions of facts, figures, and rules. You don’t. What you need is to identify the core principles — ...
by Erik Conley
One of the character traits that is shared by many high-achieving investors is self-awareness. Knowing who you are – your preferences, tendencies, biases, and beliefs – gives investors who possess this skill a ...
by Erik Conley
What is your edge? Among the most enlightening findings in behavioral finance is how overconfident most investors are. You may not feel overconfident – in fact, you may feel the opposite – but ...
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